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Future Trend Analysis Report

Prepared for you on Friday, May 14, 2021.

FREIGHT ROUTE TC7 (BALTIC) Jun 2021 (NYMEX:QTC7.M21)

Bear Market Rally (-75) - QTC7.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTC7.M21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QTC7.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTC7.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTC7.M21
Open High Low QTC7.M21 Price Change
23.546 23.546 23.546 23.546 0.000
Entry Signal

MarketClub’s Trade Triangles for QTC7.M21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTC7.M21

Based on our trend formula, QTC7.M21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QTC7.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.546 23.546 23.546 23.546 0.000
Prev. Close Volume Bid Ask Time
23.546 0 2021-05-13 00:00:00
Volatility5.35Expiration2021-06-30
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